Dollar exceeds AMD 419/$1 in Armenia

YEREVAN. – The US dollar’s average exchange rate against the Armenian Dram (AMD) comprised AMD 419.18/$1, at NASDAQ OMX Armenia stock exchange on Friday, and this is a 0.05-percent—or a 0.23-point—increase from the previous trading session on Thursday.

The dollar had started to lose value at the very start of the day’s session, but the lack of offer finally played its role.

The total sales were $3.51 million.

And there are more exchange offices in Armenia which buy the US currency at a maximum of AMD 418/$1, and it is primarily sold at AMD 420/$1.